Sr. Actuarial Assistant, Actuarial Development Program

Unum•Portland, ME

6d•$73,300 - $150,500

About The Position

Unum is hiring an intermediate-level Sr. Actuarial Assistant. The role requires increasing technical expertise and decision-making, including independently identifying trends and issues and contributing to projects within the functional area. More complex analysis may still require support from a manager or mentor. The position has no direct reports. The successful candidate prepares and analyzes data for actuarial experience studies, valuation, and pricing; supports pricing and underwriting tools; develops reserve factors and experience reviews; and contributes to valuation systems, financial reporting, product development, and repricing. The role also involves collaborating with other business areas, communicating project status and findings, recommending resolutions, and supporting process improvements. The position includes a commitment to pursuing actuarial credentials and may involve mentoring junior colleagues and training interns. Unum describes its culture as focused on employee development, inclusion, and helping employees and customers thrive. The advertised base salary range is $73,300–$150,500; actual pay depends on skills, geographic location, and experience. Benefits are subject to the terms of their individual plans.

Requirements

Bachelor's degree.
Credit for at least four actuarial exams.
At least 12 months of relevant experience; job specifications state 1–2+ years of hands-on experience.
In-depth knowledge of business analysis, pricing, valuation, asset-liability management (ALM), or corporate experience.
Strong problem-solving ability and developing project-management skills.
Hands-on experience with Excel, one programming language, and mainframe systems or a database utility.
Solid written and verbal communication skills.
Demonstrated leadership ability.

Responsibilities

Prepare and analyze intermediate to complex data for actuarial experience studies, valuation, or pricing projects.
Support development of pricing and underwriting tools and help others understand case-specific underwriting issues by answering technical questions.
Develop reserve factors, analyze reserves, and monitor reserve changes.
Develop experience analysis reviews.
Support maintenance of the valuation system.
Support preparation of financial reports, tax returns, and state filings as needed.
Contribute to product development and repricing initiatives.
Work with product, underwriting, compliance, risk management, investments, and other areas on specific initiatives, and communicate project status within the functional area.
Prepare intermediate to complex reports.
Pursue actuarial credentials and Society of Actuaries membership while developing financial acumen.
Assess training and work processes for effectiveness and efficiency; share information, suggest improvements, and help implement changes.
Communicate identified trends and issues and proactively recommend resolutions to management.
Work on or lead special projects requiring actuarial research and analysis, potentially partnering with other business areas inside and outside finance.
Maintain and build specialized working knowledge of company operations, systems, and the actuarial discipline.
May serve as an informal leader or mentor to junior peers and train interns.
May perform other duties as assigned.